Author Archives for RateSpy Staff

Interest Rates on Thin Ice?

Have you ever walked on a frozen lake and worried you’re going to fall through? That’s the feeling of many traders right now — the ones shorting Canada’s 5-year government...

2018 – One Tough Mortgage Year

Few years have altered the mortgage landscape like 2018. Canada experienced what is arguably the biggest mortgage rule change of all time (OSFI’s B-20 and its “stress test”). It was...

Home Un-Affordability: New Insights

RBC released its quarterly housing affordability report last week. Once again, it overstated mortgage un-affordability relative to prior decades (as previously noted). But it did have some points worth pondering. Among...

The Market Tempers its Rate Hike Bets

The smart guys betting billions of dollars on interest rates are pulling back their wagers on 2019 rate hikes. (More on that, if you’re interested.) And if you believe those...